Is Ahwatukee Foothills, AZ a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
Since last year, Ahwatukee Foothills has remained a Seller's Market.
Key Takeaway
Ahwatukee Foothills is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Ahwatukee Foothills, AZ
How much do homes in Ahwatukee Foothills, AZ cost?
Median Sold Price
$535,300
$288/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Key Takeaway
Homes in Ahwatukee Foothills have sold for 3.5% more than they did a year ago.
Summary: The median home sold price in Ahwatukee Foothills was $535,300 in May 2024, up 3.5% from last year, and the median price per square foot was $288.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $255K | $250K | -2.0% |
| 2 Bedrooms | $370K | $360K | -2.7% |
| 3 Bedrooms | $482.5K | $505K | +4.7% |
| 4 Bedrooms | $637.5K | $634K | -0.5% |
| 5+ Bedrooms | $810K | $764K | -5.7% |
Summary: Ahwatukee Foothills housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 2%, 2 bedroom homes decreased by 2.7%, 3 bedroom homes increased by 4.7%, 4 bedroom homes decreased by 0.5%, and 5+ bedroom homes decreased by 5.7%.
Housing Supply in Ahwatukee Foothills, AZ
How many homes are available in Ahwatukee Foothills, AZ?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 335 | 334 | -0.3% |
Summary: The Ahwatukee Foothills real estate market had 334 homes for sale in May 2024, a 0.3% decrease compared to April 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 11 | 9 | -18.2% |
| 2 Bedrooms | 51 | 54 | +5.9% |
| 3 Bedrooms | 126 | 115 | -8.7% |
| 4 Bedrooms | 105 | 110 | +4.8% |
| 5+ Bedrooms | 42 | 46 | +9.5% |
Summary: The Ahwatukee Foothills housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 18.2%, 2 bedroom homes increased by 5.9%, 3 bedroom homes decreased by 8.7%, 4 bedroom homes increased by 4.8%, and 5+ bedroom homes increased by 9.5%.
Number of Homes Sold
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 105 | 104 | -1.0% |
Asking Price vs. Sold Price
51 Homes Were Sold
Under Asking
28 Homes Were Sold
At Asking
25 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Ahwatukee Foothills, you may be able to get a good deal. 49% of homes here sold below asking price last month.
Summary: A total of 104 homes were sold or pending in Ahwatukee Foothills in May 2024, down by 1.0% month-over-month. Of the 104 sold homes, 49% were sold under asking, 27% were sold at asking, and 24% were sold over asking.
Days on Market for Ahwatukee Foothills, AZ
How long does it take to sell a home in Ahwatukee Foothills, AZ?
Average Sale Time
| May 2023 | May 2024 | CHANGE |
|---|---|---|
| 52 Days | 52 Days | -0.7% |
Summary: Homes in Ahwatukee Foothills had an average of 52 days on market in May 2024, down by 0.7% compared to last year.
Breakdown of Home Sale Times
47 Homes Were Sold
Under 30 Days
40 Homes Were Sold
In 30 - 90 Days
17 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Ahwatukee Foothills are selling fast, if you're buying plan to act quickly.
Summary: During May 2024, 104 homes were sold in Ahwatukee Foothills; 45% of homes were sold within 30 days, 38% of homes were sold within 30 to 90 days, and 16% of homes were sold over 90 days.
The data relating to real estate for sale on this site comes from the Broker Reciprocity/IDX of Arizona Regional Multiple Listing Service, Inc. Indicates a property listed by a real estate brokerage other than Rocket Homes Real Estate, LLC. All information should be verified by the recipient and none is guaranteed as accurate by ARMLS. No warranties, expressed or implied, are provided for the data herein, or for their use or interpretation by the user. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Arizona Regional Multiple Listing Service, Inc. do not create, control or review the property data displayed herein and take no responsibility for the content of such records. Federal law prohibits discrimination on the basis of race, color, religion, sex, handicap, familial status or national origin in the sale, rental or financing of housing. Information deemed reliable but not guaranteed. Copyright© 2024 Arizona Regional Multiple Listing Service, Inc. All Rights Reserved.